As the meme coin craze continues, a whale previously earned over $14.5 million with Pepe Coin Turbo tokenmade a significant investment in To Lookonchain’s report according to, whale bought the tokens on May 3, and the initial purchase was 1.38 billion tokens worth approximately $977,000. As of today, the investment is worth approximately $1.9 million.
This whale was not an early buyer of $PEPEbut he kept buying $PEPE from Apr 19 to 27 when the price of $PEPE was depressed.
NEWS CONTINUES BELOWSo is he buying $TURBO because he knows something we don’t?
Check my previous tweet.https://t.co/iA7aGLbHSR pic.twitter.com/94LZDFrtBO
NEWS CONTINUES BELOW— Lookonchain (@lookonchain) May 9, 2023
It is important to note that the whale who bought the Turbo is not the same person who bought the Pepe Coin in the first place. It seems that the whale bought between April 19-27, when the price of PEPE saw a significant drop. Lookonchain even went on to say on Twitter that the seller bought the Turbo because he knew something that others didn’t.
Turbo, the meme coin released last month, is gaining traction as its value has skyrocketed to become the fourth most traded meme coin after Pepe, Dogecoin, and Shiba Inu. According to DexScreener, the token has increased by 53.3% in the last 24 hours. It currently has a market cap of $97.4 million and is in the top 10 among the most valuable meme coins.
The white paper of the project highlights a budget of $69 and a total supply of 69 billion tokens. The developers aim to make Turbo the leading meme coin with a unique focus on simplicity, fairness, and community engagement. However, the token’s rising value has caused DEX exchange Uniswap to warn of the risks.
You can follow the current price action here.